TTM
$1.64B
YoY change
-2.0%
5Y CAGR
+8.6%
Peak year (2024)
$1.69B
Cumulative net income
$21.07B
Net Income history chart for Paychex (PAYX) from 1986 to 2025
Latest: $1.66B
Net Income growth chart for Paychex (PAYX) from 1986 to 2025
Latest: -2.0%
Net Income history table for Paychex (PAYX) from 1986 to 2025
| 2025 | $1.66B | -2.0% | −$33.10M | ||
| 2024 | $1.69B | +8.5% | +$133.10M | ||
| 2023 | $1.56B | +11.8% | +$164.50M | ||
| 2022 | $1.39B | +26.9% | +$295.30M | ||
| 2021 | $1.10B | -0.1% | −$600.00K | ||
| 2020 | $1.10B | +6.2% | +$63.70M | ||
| 2019 | $1.03B | +10.8% | +$100.70M | ||
| 2018 | $933.70M | +14.2% | +$116.40M | ||
| 2017 | $817.30M | +8.0% | +$60.50M | ||
| 2016 | $756.80M | +12.1% | +$81.90M | ||
| 2015 | $674.90M | +7.6% | +$47.40M | ||
| 2014 | $627.50M | +10.3% | +$58.50M | ||
| 2013 | $569.00M | +3.8% | +$21.00M | ||
| 2012 | $548.00M | +6.3% | +$32.70M | ||
| 2011 | $515.30M | +8.0% | +$38.30M | ||
| 2010 | $477.00M | -10.6% | −$56.55M | ||
| 2009 | $533.54M | -7.4% | −$42.60M | ||
| 2008 | $576.14M | +11.8% | +$60.70M | ||
| 2007 | $515.45M | +10.9% | +$50.53M | ||
| 2006 | $464.91M | +26.0% | +$96.06M | ||
| 2005 | $368.85M | +21.8% | +$65.90M | ||
| 2004 | $302.95M | +3.2% | +$9.50M | ||
| 2003 | $293.45M | +6.9% | +$18.92M | ||
| 2002 | $274.53M | +7.7% | +$19.66M | ||
| 2001 | $254.87M | +34.1% | +$64.86M | ||
| 2000 | $190.01M | +36.6% | +$50.91M | ||
| 1999 | $139.10M | +36.1% | +$36.90M | ||
| 1998 | $102.20M | +35.9% | +$27.00M | ||
| 1997 | $75.20M | +43.8% | +$22.90M | ||
| 1996 | $52.30M | +34.1% | +$13.30M | ||
| 1995 | $39.00M | +38.8% | +$10.90M | ||
| 1994 | $28.10M | +40.5% | +$8.10M | ||
| 1993 | $20.00M | +46.0% | +$6.30M | ||
| 1992 | $13.70M | +42.7% | +$4.10M | ||
| 1991 | $9.60M | +11.6% | +$1.00M | ||
| 1990 | $8.60M | -8.5% | −$800.00K | ||
| 1989 | $9.40M | +36.2% | +$2.50M | ||
| 1988 | $6.90M | +35.3% | +$1.80M | ||
| 1987 | $5.10M | +21.4% | +$900.00K | ||
| 1986 | $4.20M | — | — |
- 2025$1.66B-2.0%
- 2024$1.69B+8.5%
- 2023$1.56B+11.8%
- 2022$1.39B+26.9%
- 2021$1.10B-0.1%
- 2020$1.10B+6.2%
- 2019$1.03B+10.8%
- 2018$933.70M+14.2%
- 2017$817.30M+8.0%
- 2016$756.80M+12.1%
- 2015$674.90M+7.6%
- 2014$627.50M+10.3%
- 2013$569.00M+3.8%
- 2012$548.00M+6.3%
- 2011$515.30M+8.0%
- 2010$477.00M-10.6%
- 2009$533.54M-7.4%
- 2008$576.14M+11.8%
- 2007$515.45M+10.9%
- 2006$464.91M+26.0%
- 2005$368.85M+21.8%
- 2004$302.95M+3.2%
- 2003$293.45M+6.9%
- 2002$274.53M+7.7%
- 2001$254.87M+34.1%
- 2000$190.01M+36.6%
- 1999$139.10M+36.1%
- 1998$102.20M+35.9%
- 1997$75.20M+43.8%
- 1996$52.30M+34.1%
- 1995$39.00M+38.8%
- 1994$28.10M+40.5%
- 1993$20.00M+46.0%
- 1992$13.70M+42.7%
- 1991$9.60M+11.6%
- 1990$8.60M-8.5%
- 1989$9.40M+36.2%
- 1988$6.90M+35.3%
- 1987$5.10M+21.4%
- 1986$4.20M—
Net Income values are taken from Paychex's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current net income (TTM) is $1.64B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Paychex (PAYX) most recent annual net income stands at $1.66B (2025) – edged down 2.0% year-over-year.
Paychex net income has grown on net over the period, with a +8.6% compound annual growth rate over 2020–2025 (5 years).
Between 2024 and 2025, Paychex net income edged down 2.0%, falling from $1.69B to $1.66B.
The highest annual net income of $1.69B was reported in 2024. The lowest in the available history was $4.20M in 1986.
Paychex Net Income by Year
Paychex Net Income 2025: $1.66B
Paychex posted net income of $1.66B in 2025, edged down 2.0% below 2024.
Paychex Net Income 2024: $1.69B
In 2024, Paychex reported net income of $1.69B, grew 8.5% from 2023. This figure represents the highest annual value in the available history.
Paychex Net Income 2023: $1.56B
Paychex net income in 2023 was $1.56B, grew 11.8% from 2022.
Paychex Net Income 2022: $1.39B
2022's net income for Paychex came in at $1.39B, grew 26.9% from 2021.
Paychex Net Income 2021: $1.10B
Paychex net income in 2021 was $1.10B.
See more financial history for Paychex (PAYX).
Sector peers by Net Income
Industrials peers of Paychex (PAYX), ranked by their latest net income
| $8.87B | |
| $8.70B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.23B | |
| −$4.94B |
- $8.87B
- $8.70B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.23B
- −$4.94B
Frequently asked questions
Paychex (PAYX) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation